1044 Ohio AVE Active

Long Beach,CA 90804

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID PW25057873

HOA Y/N No

Year Built 1986

Lot Size 5,911 Sqft

Property Sub-Type Quadruplex

Property Description

Prime 4-Unit Investment Opportunity in Long Beach – Professionally Managed & Value-Add Potential!

Fantastic opportunity to own a well-maintained, professionally managed 4-unit property in a high-demand Long Beach rental market. This fully occupied building features a spacious upper unit with 3 bedrooms and 2 baths, plus three additional 2-bedroom, 1-bath units, all occupied by long-term tenants.

With rents currently below market, this property offers strong value-add potential for investors looking to increase cash flow. Additional features include 4 one-car garages and 4 covered carport spaces, ensuring ample parking for tenants.

Located in a prime area near markets, restaurants, the ocean, and numerous attractions, this is an ideal investment in one of Long Beach's most desirable neighborhoods. Professional management is already in place, making this a turnkey investment opportunity.

Don't miss out on this excellent investment.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet,Laminate,Tile

Fireplace No

Appliance Electric Range,Free-Standing Range,Disposal,Gas Range,Gas Water Heater

Laundry None

Exterior

Parking Features Attached Carport,Door-Single,Garage,Off Street,One Space,Shared Driveway

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Street Lights,Sidewalks,Urban

Utilities Available Cable Available,Electricity Connected,Natural Gas Connected

Roof Type Flat

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One,Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One,Two

New Construction No

Others

Senior Community No

Tax ID 7262001028

Security Features Window Bars

Acceptable Financing Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

Virtual Tour https://tours.eagleeyedroneservicepro.com/s/1044-Ohio-Ave-Long-Beach-CA-90804

View More
Favorite Go Tour